NORMAL SITUATION

MADES

Financial year 2024 · closed on 30/06/2024
Net result
19,4 k €
+49.2% YoY
Gross margin
64,3 k €
+12.6% YoY
Equity
164,2 k €
+13.4% YoY

Company — Normal situation.

What does MADES do?

MADES is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0827.050.704
Legal form
Private company with limited liability
Contributed capital
20 000,00 €
Latest accounts
30/06/2024
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202420232022
Income statement
Gross margin64,3 k €57,1 k €46,9 k €
EBITDA60,2 k €53,5 k €42,1 k €
Operating result28,2 k €20,7 k €18,3 k €
Net result19,4 k €13 k €13,4 k €
Balance sheet
Equity164,2 k €144,8 k €131,8 k €
Total assets179,1 k €169,3 k €138,5 k €
Cash64,6 k €33,5 k €4,4 k €
Debts14,6 k €24,2 k €6,4 k €
Governance

Board of directors

Seen on filing of 30/06/2024 · 2 active · 4 ended

Active mandates

Karin VANHYFTE

Bestuurder · since 29 juin 2010

Active
Marc DESCHUTTERE

Bestuurder · since 29 juin 2010

Active

Ended mandates

Karin VANHYFTE

Director · since 29 juin 2010

Ended
Karin VANHYFTE

Manager · since 29 juin 2010

Ended
Marc DESCHUTTERE

Director · since 29 juin 2010

Ended
Marc DESCHUTTERE

Manager · since 29 juin 2010

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/07/202301/07/202201/07/202101/07/202001/07/201901/07/2018
Closing of the financial year30/06/202430/06/202330/06/202230/06/202130/06/202030/06/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/01/202504/02/202431/01/202301/02/202230/01/202131/01/2020
General meeting30/01/202508/12/202309/12/202231/12/202130/12/202030/12/2019
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202430/01/202531/01/2025DutchPDF
Micro model30/06/202308/12/202304/02/2024DutchPDF
Micro model30/06/202209/12/202231/01/2023DutchPDF
Micro model30/06/202131/12/202101/02/2022DutchPDF
Micro model30/06/202030/12/202030/01/2021DutchPDF
Micro model30/06/201930/12/201931/01/2020DutchPDF
Micro model30/06/201830/12/201830/01/2019DutchPDF
Micro model30/06/201708/12/201703/01/2018DutchPDF
Abridged model30/06/201630/12/201631/01/2017DutchPDF
Abridged model30/06/201511/12/201507/01/2016DutchPDF
Abridged model30/06/201412/12/201418/12/2014DutchPDF
Abridged model30/06/201313/12/201317/12/2013DutchPDF
Abridged model30/06/201214/12/201207/01/2013DutchPDF
Abridged model30/06/201130/12/201126/01/2012DutchPDF
Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/06/2024 · 2 active · 4 ended

Active mandates

Karin VANHYFTE

Bestuurder · since 29 juin 2010

Active
Marc DESCHUTTERE

Bestuurder · since 29 juin 2010

Active

Ended mandates

Karin VANHYFTE

Director · since 29 juin 2010

Ended
Karin VANHYFTE

Manager · since 29 juin 2010

Ended
Marc DESCHUTTERE

Director · since 29 juin 2010

Ended
Marc DESCHUTTERE

Manager · since 29 juin 2010

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution15/07/2025
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 202419,4 k €
  2. 2023
    Annual accounts 202313 k €
  3. 2022
    Annual accounts 202213,4 k €